Telecom Lead Middle East: Orange Business Services has set up a joint venture in Qatar.
Sheikh Fahad Bin Ghanem [Al Abdul Rahman] Al Thani is the majority shareholder in EGN LLC.
Orange Business will address the significant ICT market opportunities in Qatar, one of the world’s fastest growing economies with ambitious investment programs in place, as host of the 2022 FIFA World Cup finals and with a strategic national vision to diversify the economy by 2030.
It follows the launch of a new local company in Saudi Arabia in 2012 under a growth strategy focused on the developing markets in MEA, as companies are poised to translate economic growth into business opportunity.
Orange Business Services has a strategic focus on emerging markets where it seeks to generate one billion euros in revenues by 2015.
The company supports more than 500 multinational companies in Middle East and Africa, bringing proven experience with implementing large projects globally and regionally, and as a systems integrator serving high profile companies including 3M, JTI, Sorin and Sagemcom.
In the Middle East, Orange Business Services has been generating strong growth in revenues as the regional economy continues to achieve robust growth.
Orange Business Services has also announced the appointment of Antoine Farah as general manager of the company in Qatar.
Sheikh Fahad Bin Ghanem [Al Abdul Rahman] Al Thani said: “This new joint venture company is a very significant step that will support the development of world class ICT infrastructure in Qatar, and the broader economy, as a partner for the long term, bringing new technology and complex integration capability.”
Orange Business Services will bring the global experience and capabilities of France Telecom-Orange to Qatar. This will help accelerate our progress towards achieving the economic vision laid out in the Qatar National Vision 2030, for the development of a competitive and diversified economy capable of creating and sustaining a high standard of living for all our citizens.
“We are delighted to announce the launch of this joint venture company in Qatar, which comes as Orange is accelerating its growth strategy in the Middle East, following another strong performance in 2012. This new local company is a clear sign of our commitment to the Qatari market and to developing the ICT infrastructure of Qatar by offering and supporting new and advanced ICT services and solutions to the public and private sectors,” said Philippe Koebel, senior vice president, Emerging Markets and Indirect, Orange Business Services.
